Compare: Michigan vs Kentucky
Home Values in Michigan and Kentucky
|Zillow Home Value IndexWhat's this?||$99,400||vs||$123,600|
|Median List Price||$119,900||vs||$140,000|
|Median Sale Price||$115,300||vs||$149,100|
|Total Homes Sold in Apr||8540 homes||vs||2107 homes|
Michigan tends to be less expensive for home buyers than Kentucky. During the last year, Michigan home values have risen by 8.5%, while Kentucky home values have risen by 3.9%. The median sale price in Michigan is $115,300, but the median listing price was $119,900, a 3.8% discount. Meanwhile in Kentucky, the median selling price is $149,100, and the starting price had a median of $140,000, a 6.5% increase. In April, Michigan home sellers managed to move 8540 houses, while Kentucky saw 2107 transactions.
Demographics in Michigan and Kentucky
|Median Household Income||$46,339||vs||$35,214|
|Homes with Kids||30.7%||vs||30.7%|
|Average Household Size||2.6||vs||2.5|
|Average Commute Time (Minutes)||25||vs||24|
At $35,214, the median income in Kentucky is $11,124 less than in Michigan, and $9,298 lower than the national average. Michigan has a younger median age, at 35, compared to 36 in Kentucky, and a longer average commute. The average commute in Kentucky is 24 minutes and the average commute in Michigan is 25 minutes.
Homes for Sale in Michigan and Kentucky
Michigan vs Kentucky